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22 February 2024

Capacity Market 2024: T-1 Auction results in five charts

Capacity Market 2024: T-1 Auction results in five charts

The T-1 Capacity Market auction for delivery year 2024/25 took place on 20th February 2024. After two years of high prices, this year’s auction had the potential to clear anywhere from £4/kW to £55/kW. So here are the top headlines from clearing price, capacity, and the resulting impacts on battery energy storage.

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